 |
STATEMENT OF ACTIVITIES
For the year ending December 31, 2005
 |
|
OPERATING REVENUE, GAINS & OTHER SUPPORT
|
| Contributions, grants and memberships received |
$ 1,490,707 |
| Change in contributions receivable |
(44,028) |
| Events |
506,658 |
| Merchandise and other revenues |
26,784 |
| Investment income |
739,712 |
| Investment expense |
(42,715) |
|
|
TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT |
$ 2,677,318 |
|
|
OPERATING EXPENSES |
| Program Services | |
| Resource preservation & protection |
$ 1,214,516 |
| Education and outreach |
288,908 |
| Total Program Services |
$ 1,503,424 |
| Supporting Services | |
| Development, fundraising and membership |
$ 244,768 |
| Management and general |
142,657 |
| Total Supporting Services |
$ 387,425 |
|
| TOTAL OPERATING EXPENSES |
$ 1,890,849 |
|
| CHANGE IN NET ASSETS FROM OPERATIONS |
$ 786,469 |
|
| NON-OPERATING GAIN (LOSS) |
| Investment Income |
$866,887 |
| Loss on Stock Sales |
(1,312) |
| TOTAL NON-OPERATING GAIN |
$ 865,575 |
|
| TOTAL CHANGE IN NET ASSETS |
$1,652,044 |
|
| NET ASSETS |
| Beginning of year |
$ 16,518,715 |
| End of year |
$ 18,170,759 |
|
NOTES TO FINANCIAL STATEMENTS
Friends of Acadia is a nonprofit, tax exempt organization under Section 501(c)(3) of the Internal
Revenue Code, a publicly supported organization as defined by Section 170(b) A-6. Contributions are
tax deductible to the extent provided by law. The ten-year average of fundraising cost is 5.95%.
An independent auditor's report is available upon request.
|
| GRANTS TO ACADIA NATIONAL PARK |
 |
| Carriage Road Maintenance | 260,750 |
| Acadia Trails Forever - Trail Reconstruction | 100,000 |
| Acadia Youth Conservation Corps | 67,646 |
| Volunteer Program | 38,132 |
| Acadia Winter Trails Association | 21,607 |
| Easement Monitoring Consultant & Intern | 19,502 |
| Acadia Trails Forever Cultural Landscape Report | 18,668 |
| Ridge Runner Program | 16,571 |
| Acadia National Park Title Search Assistance | 10,000 |
| Take Pride in Acadia Day & National Trails Day | 9,464 |
| Junior Ranger Program | 7,500 |
| Horse Patrol | 5,300 |
| Peregrine Falcon & Hawk Watch Programs | 3,900 |
| Wild Gardens of Acadia Intern | 3,876 |
| Wheelchair Accessible Carriages | 3,552 |
| Acadia National Park Recreation Intern | 3,382 |
| Miscellaneous Acadia National Park Projects | 1,725 |
| Friends of Schoodic | 700 |
| Sign Language Interpreters | 500 |
| Firefighters Training | 500 |
| TOTAL ANP GRANTS | $593,971 |
|
OTHER GRANTS |
| Island Explorer Propane Bus System | 252,150 |
| First Light: The Oratorio | 12,229 |
| Acadia Gateway Center | 10,006 |
| Earth Day | 3,325 |
| Land Conservation Bank | 2,700 |
| Eco-Tourism Conference Sponsorship | 2,500 |
| Village Connector Trails | 1,990 |
| Founders Day | 1,104 |
| Employees & Alumni of NPS - Katrina Fund | 1,000 |
| Acadia Wildlife Foundation | 500 |
| MDI Search & Rescue | 500 |
| MDI Water Quality Coalition | 500 |
| Friends of Acadia Book Project | 388 |
| MDI Tomorrow | 299 |
| Southwest Harbor Tree Fund | 100 |
| Acadian Ridge Trail | 60 |
| TOTAL OTHER GRANTS | $289,351 |
|
| TOTAL ALL GRANTS | $883,322 |
| | 1996 | 1997 | 1998 | 1999 | 2000 |
| TOTAL OPERATING REVENUE |
710,121 |
840,001 |
1,070,627 |
8,815,755 |
2,030,952 |
| FUNDRAISING EXPENSES |
45,043 |
48,251 |
59,448 |
202,338 |
177,271 |
| FUNDRAISING AS A % OF TOTAL REVENUE |
6.34% |
5.74% |
5.55% |
2.30% |
8.73% |
| | 2001 | 2002 | 2003 | 2004 | 2005 | Total |
| TOTAL OPERATING REVENUE |
1,594,443 |
1,330,302 |
2,205,336 |
2,772,498 |
2,677,318 |
$24,047,353 |
| FUNDRAISING EXPENSES |
151,927 |
134,679 |
150,141 |
216,711 |
244,768 |
$1,430,523 |
| FUNDRAISING AS A % OF TOTAL REVENUE |
9.53% |
10.12% |
6.81% |
7.82% |
9.14% |
5.95% |
| All figures are derived from audited financials, not IRS Form 990. |
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